FTC Solar (FTCI) Cash & Equivalents (2020 - 2026)
FTC Solar (FTCI) reported Cash & Equivalents of $11.08 million for Q2 2026, up 214.7% from $3.52 million a year earlier and up 96.4% from the prior quarter.
FTC Solar (FTCI) Cash & Equivalents (2020 - 2026) Analysis & Trends
At the end of FY2025, FTC Solar posted Cash & Equivalents of $21.11 million, up 87.7% from FY2024.
- Cash & Equivalents has a five-year compound annual growth rate of -8.2% (FY2020 to FY2025).
- By year, Cash & Equivalents came in at $11.25 million in FY2024 (-55.4%), $25.24 million in FY2023 (-43.1%), $44.39 million in FY2022 (-56.6%) and $102.19 million in FY2021 (+215.8%).
- Five-year quarterly Cash & Equivalents spans a low of $3.52 million in Q2 2025 and a high of $140.66 million in Q3 2021.
- Year over year, Cash & Equivalents gained in three of the last eight quarters, with growth averaging 29.8%.
- The high point for year-over-year Cash & Equivalents in five years was Q1 2022 (growth of 824.8%); the low point was Q3 2024 (a decline of 73.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $5.64 million (Q1 2026), $21.11 million (Q4 2025) and $24.37 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn | 13.12 Bn |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn | 2.67 Bn |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn | 1.69 Bn |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn | 264.92 Mn |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn | 1.21 Bn |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn | 608.20 Mn |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn | 530.66 Mn |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn | 529.34 Mn |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn | 418.70 Mn |
| 10 | FTC Solar | 35.38 Mn | -26.81 Mn | -2.23 Mn | 11.08 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.08 Mn |
| Mar 31, 2026 | 5.64 Mn |
| Dec 31, 2025 | 21.11 Mn |
| Sep 30, 2025 | 24.37 Mn |
| Jun 30, 2025 | 3.52 Mn |
| Mar 31, 2025 | 5.91 Mn |
| Dec 31, 2024 | 11.25 Mn |
| Sep 30, 2024 | 8.26 Mn |
| Jun 30, 2024 | 10.78 Mn |
| Mar 31, 2024 | 14.04 Mn |
| Dec 31, 2023 | 25.24 Mn |
| Sep 30, 2023 | 31.52 Mn |
| Jun 30, 2023 | 33.82 Mn |
| Mar 31, 2023 | 41.49 Mn |
| Dec 31, 2022 | 44.39 Mn |
| Sep 30, 2022 | 49.82 Mn |
| Jun 30, 2022 | 66.03 Mn |
| Mar 31, 2022 | 49.38 Mn |
| Dec 31, 2021 | 102.19 Mn |
| Sep 30, 2021 | 140.66 Mn |
FTC Solar Cash & Equivalents API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=FTCI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "ticker": "FTCI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=FTCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();